The Energy Revolution has begun and will change your lifestyle

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The Energy Blog is where all topics relating to The Energy Revolution are presented. Increasingly, expensive oil, coal and global warming are causing an energy revolution by requiring fossil fuels to be supplemented by alternative energy sources and by requiring changes in lifestyle. Please contact me with your comments and questions. Further Information about me can be found HERE.

The first phase of the expansion plan will include the construction of a third manufacturing facility with an annual capacity of 50 megawatts, which is expected to be operational in calendar year 2007. United Solar Ovonic currently manufactures solar modules at a 25-megawatt production facility in Auburn Hills, Mich., and is currently constructing a second 25-megawatt production facility also located in Auburn Hills.

Expanding our capacity should enable us to continue to strengthen our position in the rapidly growing market for solar power systems. Global demand for solar power systems is expected to grow in excess of 20% annually,” commented Robert C. Stempel, Chairman and CEO of ECD Ovonics. “This plan should also enable us to achieve significant economies in sourcing and production by increasing the size and scale of our solar business.”

We are responding to the increase in demand we are seeing for our products. Our ability to manufacture our unique thin-film products is not affected by the shortage of polycrystalline silicon that is impacting many of our competitors,” said Stanford R. Ovshinsky, President, Chief Scientist and Technologist of ECD Ovonics. “Our previously announced capacity expansion, which is already in progress, will allow us to double our capacity in calendar year 2006 and the plan approved by the Board should allow us to double our capacity again in calendar year 2007.”

Comments

I heard of a new technology being developed by a grad student at Boston College. It uses nano technology to build a sort of molecular coaxial antenna that absorbs photons. Instead of latently being hit with photons, the antenna attracts the photons, increasing the efficiency of a photovoltaic panel by 300-400%. This is an incredible break through, and once its commercially viable i think photovoltaics will become commonplace in energy production!